Advisers encouraged to push mandatory distribution option

Published Updated 3 Min Read

The experts all seem to agree: 401(k) plans should be set up to automatically distribute small ($5K or less) balances of former employees into IRAs using well established safe harbor procedures. Yet not every plan takes advantage of the opportunity.

Why not? Most plausible explanation: No one has called it to their attention.

Richard Stolz
Principal, Stolz Communications

Richard Stolz is a freelance writer based in Rockville, Md.


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